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    Property profile & analytics

    9960 Fairhope Ave Fairhope, AL 36532-4204

    • Automotive properties
    • 2,350 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimation
    $395,000
    Last Sale
    Jul 27, 2023
    $390,000
    Location Intelligence
    Property ID
    US03-3061009
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Automotive properties

    Property Details for 9960 Fairhope Ave

    Year built
    2008
    Lot size
    0.50 lot acres
    Property size
    2,350 SF
    Property type
    Automotive properties
    APN
    46-05-15-0-000-003.588
    APU
    4605150000003588

    Description

    This exceptional commercial property, located at 9960 Fairhope Ave, Fairhope, AL 36532, presents a unique investment opportunity. The 2,350 square foot building, classified as Class B, sits on two lots (PPIN: 202636 and 307992) and is situated on State Highway 181 and Fairhope Avenue/County Rd 48, ensuring high visibility and accessibility. Previously a car wash, the building offers versatile potential for repurposing into various commercial ventures, including restaurants, offices, or retail businesses. The existing layout includes two drive-thru lanes, ideal for businesses requiring this service. The asking price is $649,000, translating to $276.17 per square foot. The property is under a ground lease. Its strategic location next to a busy gas station guarantees high traffic volume. The existing car wash equipment can be removed to accommodate the new owner's specific needs. This property offers ample space for expansion or additional parking, making it an attractive investment in a thriving commercial area. The property is ready for immediate occupancy and offers significant potential for high returns.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $410,000

    • CAP approach

      CAP return
      Estimation
      6%
      $385,000
      6.5%
      $350,000
      7%
      $360,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $365,000
      Geo Method
      $320,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $390,000
      Retail
      $390,000
      Mixed-Use
      $405,000
      Hospitality
      $290,000
      Educational
      $390,000
      Residential Income
      $290,000
      Energy
      $360,000
      Income-Based Land
      $325,000
      Food Service
      $365,000

    Location Insight

    • Map
    • Local Demand
    City
    Fairhope
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.8533
    Latitude
    30.5232
    CBSA code
    19300
    CBSA name
    DAPHNE-FAIRHOPE, AL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,471
    $35,040
    $18,680
    $53,720
    -
    $175,200
    $93,400
    $268,600

    Comparable in this City

    • Value Estimation
      $460,000
      1,936 SF

      9940 Fairhope Ave

      VEHICLE SALES, RENTALS • 1,936 SF
      9940 Fairhope Ave, Fairhope, AL 36532-4204
      View Details
    • Value Estimation by Request
      1.14 Acres

      18 Church St

      PARKING GARAGE, PARKING STRUCTURE • 1.14 Acres
      18 Church St, Fairhope, AL 36532-2408
      View Details
    • Value Estimation
      $350,000
      0.33 Acres

      75 Section St

      PARKING LOT • 0.33 Acres
      75 Section St, Fairhope, AL 36532-2213
      View Details
    • Value Estimation by Request
      3,324 SF

      809 Fairhope Ave, Unit 2

      CAR WASH • 3,324 SF
      809 Fairhope Ave, Fairhope, AL 36532-2014
      View Details
    • Value Estimation by Request
      0.36 Acres

      452 Morphy Ave

      AUTO REPAIR, GARAGE • 0.36 Acres
      452 Morphy Ave, Fairhope, AL 36532
      View Details
    • Value Estimation by Request
      22,500 SF

      Greeno Rd

      Restaurants • 22,500 SF
      0 Greeno Rd, Fairhope, AL 36532
      View Details

    Similar Nearby for Sale

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      Bay Break: Fairhope Retail Gem

      Mixed-use property, high visibility, investment opportunity.
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      Fairhope Laundromat - High Demand!

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      Prime Fairhope Retail Opportunity

      Historic Bayfront Building, 1,188 SF, Sale/Lease
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      Turnkey laundromat business with property and recent upgrades for sale.
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    Similar Nearby for Lease

    • $1.60 SF/Yr
      22,500 SF

      US 98 Prime Retail Ground Lease

      High-traffic location, build-to-suit opportunity.
      0 Greeno Rd, Fairhope, AL 36532
      View Details
    • $3,500 /Mo
      22,500 SF

      High Traffic Area Ground Lease

      Ground lease opportunity in high-traffic area suitable for various businesses.
      355 S Greeno Rd, Fairhope, AL 36532
      View Details
    • $36 SF/Yr
      6,000 SF

      Downtown Fairhope Office Space

      Prime Fairhope location, flexible suites available
      150 Section St, Fairhope, AL 36532
      View Details
    • $40 SF/Yr
      1,406 SF

      Fairhope Ave Retail Space Available

      1406 SF Retail, NNN Lease, Fairhope, AL
      557 - 559 Fairhope Ave, Fairhope, AL 36532
      View Details
    • $39 SF/Yr
      1,470 SF

      Fairhope Ave Retail Space Available

      Prime 1,470 SF retail space in Fairhope, AL.
      557 - 559 Fairhope Ave, Fairhope, AL 36532
      View Details
    • $28 SF/Yr
      27,930 SF

      Retail Space in Eastern Shore

      Prime retail opportunity in Fairhope's Eastern Shore Village Shopping Center.
      100-350 Eastern Shore Shopping Ctr, Fairhope, AL 36532
      View Details
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    9960 Fairhope Ave
    Fairhope, AL 36532-4204
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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